Romanian Economy between Linearity and Circularity. A Bioeconomic Perspective

Abstract

Romania's present economy is characterized by its linearity, an important consumption of non-renewable resources, an incipient form of recycling and a production based on a high consumption of resources at high costs. At European Union level, the desire to evolve and transform the current economies into bio-economies is astringent. A bioeconomy, characterized by the achievement of sustainable production with a minimum consumption of fossil resources and a maximum result, the development of durable products, limiting the effects of pollution, increasing the quality of life and health of the population, reducing dependence on non-renewable resources, increasing food security, recycling rate and waste reduction, outlines a new model of economy that requires society to evolve into a future based on sustainable development. The aim of the paper is to analyze aspects of the bioeconomy and to point out how Romania can transform its current economy into a bioeconomy, while at the same time achieving sustainable economic development.